Check gross profit on an invoice
Compare invoice revenue with the inventory cost of the sold items.
Reviewed 9 October 2026
WHERE TO GO
Reports → Bill Wise Profit
Step by step
Open Bill Wise Profit and select the date range.
Locate the invoice and review its sale amount, cost and profit.
Use the original invoice to check quantities and net rates.
Use Item Ledger or inventory-cost records to investigate a surprising cost.
Use Income Statement when you need profit after operating expenses.
Example
Sales of Rs 25,488 with inventory cost of Rs 24,000 give gross profit of Rs 1,488. A customer payment changes cash and receivables, not this margin.
What to check
- Gross profit equals the invoice’s sale revenue less its inventory cost.
Things to know
- This is not net business profit after rent, repairs and other expenses.
- A later purchase covering negative stock can restate the cost of earlier sales.